Homework Answers
Beginning Work in Process Inventory + Cost added during the year – Cost of units transferred out = Ending Work in process inventory
Beginning work in process inventory = 12000+426000-404000
= $34,000
Hence, the answer is D.
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In June, one of the processing departments at Furbush Corporation had ending work in process inventory...
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please explain
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In July, one of the processing departments at Junkin Corporation had beginning work in process inventory...
In July, one of the processing departments at Junkin Corporation
had beginning work in process inventory of $18,000 and ending work
in process inventory of $20,000. During the month, $194,000 of
costs were added to production and the cost of units transferred
out from the department was $192,000.
Required:
Construct a cost reconciliation report for the department for
the month of July.
Costs to be accounted for: Cost of beginning work in process inventory Costs added to production during the...
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please explain
In June, one of the processing departments at Purbuth Corporation had ending work in process inventory of $13,400 During the month $418,000 of costs were added to production and the cost of units transferred out from the department was $440,000 In the department's cost reconciliation report for January, the cost of beginning work in process inventory for the department would be Multiple Choice 335.400 0 o 1426600 $8.600 $404.600
In June, one of the processing departments et Furbush Corporation had ending work in process inventory of $13,000. During the month, $414,000 of costs were added to production and the cost of units transferred out from the department was $436,000. In the department's cost reconciliation report for January, the cost of beginning work in process inventory for the department would be: Multiple Choice $35,000 $423,000 $9,000 $401.000 Paceheco Corporation uses the weighted-average method in its process costing system. The Molding...
In July, one of the processing departments at Junkin Corporation had beginning work in process inventory of $18,000 and ending work in process inventory of $20,000. During the month, $194,000 of costs were added to production and the cost of units transferred out from the department was $192,000. Required: Construct a cost reconciliation report for the department for the month of July. Costs to be accounted for Cost of beginning work in process inventory Costs added to production during the...
In July, one of the processing departments at Junkin Corporation
had beginning work in process inventory of $18,000 and ending work
in process inventory of $20,000. During the month, $194,000 of
costs were added to production and the cost of units transferred
out from the department was $192,000.
Required:
Construct a cost reconciliation report for the department for
the month of July.
Costs to be accounted for: Cost of beginning work in process inventory Costs added to production during the...
In July, one of the processing departments at Okamura Corporation had beginning work in process inventory of $25,000 and ending work in process inventory of $30,000. During the month, the cost of units transferred out from the department was $160,000. In the department's cost reconciliation report for July, the total cost to be accounted for under the weighted-average method would be: Multiple Choice $55,000 $131,000 $144,000 $190,000
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